US Meat and Poultry Products Market Trends Analysis RnRMarketResearch.com offers 2017 forecasts for the meat and poultry products market in the U.S. with current and future trends analysis.
DALLAS, May 3, 2013 /PRNewswire-iReach/ -- Meat and Poultry Trends in the U.S. is the new report available with RnR Market Research.
This 2013 research covers the U.S. market for meat and poultry products sold through all types of retail outlets, including supermarkets, discount stores and supercenters, warehouse clubs, and mass merchandisers, as well as convenience stores, drugstores, health and natural food stores, dollar stores, farms and farmers markets. The markets for fresh, refrigerated, frozen, and shelf-stable meats and poultry, in both processed and unprocessed forms are covered, as well as the market for meat substitutes. Packaged Facts, the publisher of this report, estimates that retail sales of meat and poultry products topped $85 billion in 2012, up from nearly $73 billion in 2008. Looking ahead, sales are projected to grow to $98.3 billion by 2017. Supporting that growth will be an economic recovery that, while it has been very slow, is underway and likely to pick up steam with each passing year.
Selected Company Profiles and mentions in this report include: Applegate Farms, AdvancePierre Foods (Barber Foods), Beef Products, Inc., Butterball LLC, Cargill, Cargill Grows, ConAgra Foods, Fieldale Farms, Foster Farms, GNP (Gold'N Plump), Heinz, Hillshire Brands, Hormel Foods Corporation, Jennie-O Turkey Store, JBS, Swift & Company, Pilgrim's JBS Pork, Johnsonville Sausage, Kayem/al fresco, Kellogg, Kraft Foods, Oscar Meyer, Lunchables, Boca Foods Company, Laura's Lean Beef, National Beef, OK Foods, Perdue, Rocky Mountain Natural Meats, Smithfield and Tyson.
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Meat consumption in the U.S. has been on the decline for nearly a decade. Several factors account for this change, but two in particular stand out. The first is consumer health concerns, based on a public perception that a high level of red meat consumption is unhealthy. The other main factor is the economy, specifically the recession that began in 2008 and which is still having a negative impact on the economy in 2013. As a result, consumers have been eliminating meat from one or more meals per week and/or reducing the size of portions served.
The health concerns also drove a switch by many consumers from red meat to poultry as a healthier source of animal protein or to switch to plant-based meat substitutes as their protein source. The economic considerations have led consumers to switch to poultry as a less expensive per pound protein source and also seen them switch to less expensive cuts or to retailers' store brands that offer a better price/value proposition than do branded products as well as to seeking out discounts and sales whenever possible.
But even as consumption per capita has decreased, overall dollar sales have increased thanks to more value-added products entering the marketing mix. These are often convenience products targeted to an overworked population as well as to younger consumers who lack cooking skills. Also helping to keep the dollar sales up are in increase in high-end fresh meat cuts that appeal to that part of the population that has survived the recession or recovered economically more quickly than the population as a whole and want to enjoy upscale products. Comprehensive Table of Contents and more for the report @ http://www.rnrmarketresearch.com/meat-and-poultry-trends-in-the-u-s-market-report.html.
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Currently, China is the largest producer of pork in the world. Its output has come up to 53.5 million tonnes in 2012 with a CAGR of 2.28% during 2005-2012, accounting for around 48.0% of world's output. Meanwhile, pork is the most popular meat in China, whose output share is about 65.0% in the total meat. This is closely related to the production of swine, which is quite important in China.
The purpose of the report is to describe the state of the Russian canned meat market, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2012, and also, to build a forecast for the development of the industry in the medium term until 2017.
Complete list of reports available for Meat and Poultry Industry @ http://www.rnrmarketresearch.com/reports/food-beverage/food/meat-poultry.
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